The IMF has released a new Staff Position Note that addresses the challenges in establishing a financial supervisory system that is capable of saying ‘No’. You can download it here.
Learning to Say No
- Post author By Philip Lane
- Post date May 25, 2010
- Categories In Banking Crisis
- Tags financial supervision
- 5 Comments on Learning to Say No
5 replies on “Learning to Say No”
Check out their systematic lying about Greece. It’s really charming: http://www.eurotrib.com/story/2010/5/24/222641/349
For those readers who are addicted to rapid growth, eat ya hearts out. These plans are going to slow down but sustain hope when the GFC finally hits?:
http://www.brisbanetimes.com.au/queensland/new-plan-to-keep-qlds-southeast-green-20100526-wbkz.html
http://www.brisbanetimes.com.au/queensland/queensland-property/three-new-cities-for-states-southeast-20100526-wbgb.html
http://www.brisbanetimes.com.au/entertainment/your-brisbane/brisbanes-dark-alleys-to-lighten-up-20100525-war6.html
a punter
The IMF lies? I am shocked, shocked! Where are my winnings?
They also send in hitmen ….. Carry out counter surveillance. Money, OPM particularly, corrupts almost instantly.
a punter
I particularly like number 12 of his analysis!!! Very close to the bone.
I know someone has to actually moderate democracy, elsewise we all end up selling things to one another on borrowed money, that sort of madness, but could it not be sold better? Teaching responsibility would be a start? An analysis of the invisible hand would certainly help, the field of behavioural economics, no doubt. More academic jobs, whoopee!
For some further discussion on structural problems relating to the role of the Department of Finance take a look at recent comments on http://www.politicalreform.ie – especially http://politicalreform.ie/2010/05/26/department-of-finance-2/#comments